R&D tax credits in the construction industry
Construction is one of the UK's most critical and R&D-intensive industries, equating to roughly £400m of claims submitted under the R&D tax relief scheme in 2021-22*. The Government-funded scheme encourages innovation within the construction sector by offering rebates or tax relief of up to 33% of qualifying expenditures.
Crucially, your project does not need to have been commercially successful to be eligible to claim against.
Not all construction activity qualifies under the R&D tax credit scheme, so knowing what expenditure is eligible is critical. This is where our specialist consultants come in. We’ll do the legwork uncover every penny of eligible expenditure across your projects that might have addressed issues regarding logistics, access, location, site restrictions or timeframes.
By using Yuzu Group as your R&D tax credit claim specialist, you will achieve maximum benefit from the scheme and reward your risk and innovation.
